Press release
Unveiling the Exciting Insights of Ethyl Acetate Market and Visionary Predictions for 2032 || Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited
Ethyl Acetate Market
The Business Research Company's Ethyl Acetate Global Market Report 2023 identifies the increasing demand for paints and coatings is the major driver for the ethyl acetate market's growth in the forecast period. Ethyl acetate is commonly used as an industrial solvent in paints and coatings to dissolve pigments and act as a hardener, which gives long-lasting effects after application to surfaces. The construction industry and the application of painting and coating to existing buildings and infrastructure for décor and protection have significantly increased the usage of paints and coatings applications
The global ethyl acetate market size grew from $4.32 billion in 2022 to $4.76 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global ethyl acetate is expected to grow to $6.68 billion in 2027 at a CAGR of 8.8%.
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Major competitors in the ethyl acetate market are Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited, Jiangsu Sopo Group Co Ltd., Jubilant Ingrevia Limited, Kai Co Ltd., Sipchem Company, Showa Denko K.K, Wuxi Baichuan Chemical Industrial Co Ltd., Yip'S Chemical Holdings Ltd.
A key trend in the ethyl acetate market includes offering technological advancement. Major companies operating in the ethyl acetate market are focused on developing technologically advanced solutions to strengthen their market position. For instance, in October 2020, Linde plc, a Germany-based company operating in industrial gases and the production of ethyl acetate, launched Linde EDHOX ethylene technology. Linde EDHOX ethylene technology works on catalytic technology, a chemical process in which the catalyst or substrate is added to change the pace of the reaction to get the desired result.
Read More On The Global Ethyl Acetate Market Report Here: https://www.thebusinessresearchcompany.com/report/ethyl-acetate-global-market-report
The Ethyl Acetate market is segmented -
1) By Sales Channel: Direct Company Sale, Direct Import, Distributors and Traders.
2) By Application: Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Other Applications.
3) By End-user Industry: Automotive, Artificial Leather, Food and Beverage, Pharmaceuticals, Other End-user Industries.
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ethyl acetate market.
The Business Research Company's "Global Ethyl Acetate Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ethyl Acetate Market Include:
1. Executive Summary
2. Ethyl Acetate Market Characteristic
3. Ethyl Acetate Market Trends And Strategies
4. Ethyl Acetate Market - Macro Economic Scenario
5. Ethyl Acetate Market Size And Growth
……………
27. Ethyl Acetate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethyl Acetate Market
29. Ethyl Acetate Market Future Outlook And Potential Analysis
30. Appendix
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Ethyl Acetate Price, Historical Charts, Forecasts & News
Product Name - Ethyl Acetate
HS Code - 29153100
Molecular Weight - 88.11g/mol
Chemical Formula - CH3COOC2H5
Synonyms - 141-78-6, Ethyl Ethanoate, Acetic Acid Ethyl Ester, Acetoxyethane, Acetic Ester
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan,…
